Paul M. Healy

Harvard Business School

James R. Williston James R. Williston Professor of Business Administration, Accounting and Management Unit Head

Soldiers Field

Boston, MA 02163

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

38

DOWNLOADS
Rank 352

SSRN RANKINGS

Top 352

in Total Papers Downloads

82,823

SSRN CITATIONS
Rank 1,015

SSRN RANKINGS

Top 1,015

in Total Papers Citations

1,017

CROSSREF CITATIONS

417

Scholarly Papers (38)

1.

A Review of the Earnings Management Literature and its Implications for Standard Setting

Number of pages: 36 Posted: 15 Mar 1999
Paul M. Healy and James Michael Wahlen
Harvard Business School and Indiana University - Kelley School of Business - Department of Accounting
Downloads 30,272 (129)
Citation 229

Abstract:

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2.

The Fall of Enron

Harvard NOM Working Paper No. 03-38
Number of pages: 46 Posted: 17 Oct 2003
Krishna Palepu and Paul M. Healy
Harvard University - Harvard Business School and Harvard Business School
Downloads 14,948 (475)
Citation 36

Abstract:

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Corporate Governance, Enron, Accounting, Capital Markets, Capital Market Intermediaries, Board of Directors, Analysts

Information Asymmetry, Corporate Disclosure and the Capital Markets: A Review of the Empirical Disclosure Literature

JAE Rochester Conference April 2000
Number of pages: 60 Posted: 01 Feb 2001
Paul M. Healy and Krishna Palepu
Harvard Business School and Harvard University - Harvard Business School
Downloads 11,654 (739)
Citation 309

Abstract:

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Information Asymmetry, Corporate Disclosure and the Capital Markets: A Review of the Empirical Disclosure Literature

Journal of Accounting & Economics, Vol. 31, Nos. 1-3, September 2001
Posted: 06 Sep 2001
Paul M. Healy and Krishna Palepu
Harvard Business School and Harvard University - Harvard Business School

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Reporting decisions; Voluntary disclosure

4.

Governance and Intermediation Problems in Capital Markets: Evidence from the Fall of Enron

Harvard NOM Working Paper No. 02-27
Number of pages: 52 Posted: 15 Oct 2002
Paul M. Healy and Krishna Palepu
Harvard Business School and Harvard University - Harvard Business School
Downloads 4,945 (3,228)
Citation 16

Abstract:

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Enron, Corporate Governance, Financial Reporting, Auditors, Financial Analysts, Standard Setters, Audit Committees, Management Compensation

5.

The Role of International Accounting Standards in Transitional Economies: A Study of the People's Republic of China

Number of pages: 46 Posted: 28 Aug 2000
Elizabeth A. Eccher and Paul M. Healy
Massachusetts Institute of Technology and Harvard Business School
Downloads 4,493 (3,786)
Citation 39

Abstract:

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6.

Information Effects of Spin-Offs, Equity Carve-Outs, and Targeted Stock Offerings

Number of pages: 31 Posted: 22 Nov 1997
Harvard Business School - Finance Unit, Harvard Business School, Massachusetts Institute of Technology - Sloan School of Management and Harvard University - Harvard Business School
Downloads 3,143 (6,903)
Citation 28

Abstract:

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7.

R&D Accounting and the Tradeoff between Relevance and Objectivity

Number of pages: 48 Posted: 18 Feb 1999
Harvard Business School, Massachusetts Institute of Technology (MIT) and Massachusetts Institute of Technology
Downloads 2,521 (9,693)
Citation 25

Abstract:

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8.

Market Competition, Earnings Management, and Persistence in Accounting Profitability around the World

Review of Accounting Studies, Volume 19, Issue 4, pp 1281-1308, December 2014
Number of pages: 38 Posted: 21 Jun 2011 Last Revised: 01 Feb 2017
Harvard Business School, Harvard Business School, Harvard Business School and University of Michigan
Downloads 2,092 (13,097)
Citation 18

Abstract:

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market competition, Performance persistence, Cross-country differences, Financial statement analysis

9.

Do Buy-Side Analysts Out-Perform the Sell-Side?

Number of pages: 65 Posted: 30 Sep 2005
Harvard Business School, Harvard Business School, Northwestern University - Kellogg School of Management, University of California, Irvine - Paul Merage School of Business and University of North Carolina (UNC) at Chapel Hill - Accounting Area
Downloads 2,001 (14,064)
Citation 19

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buy-side analysts, sell-side analysts, analyst forecasts, stock recommendations, forecast optimism, forecast accuracy, recommendation optimism, recommendation performance

10.

Does Corporate Performance Improve after Mergers?

NBER Working Paper No. w3348
Number of pages: 42 Posted: 27 Apr 2000 Last Revised: 27 Aug 2022
Paul M. Healy, Krishna Palepu and Richard S. Ruback
Harvard Business School, Harvard University - Harvard Business School and Harvard Business School
Downloads 1,529 (21,366)
Citation 25

Abstract:

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11.

Which Types of Analyst Firms Make More Optimistic Forecasts?

Harvard NOM Working Paper No. 03-46
Number of pages: 52 Posted: 27 Aug 2003
Amanda Cowen, Boris Groysberg and Paul M. Healy
Harvard Business School, Harvard Business School and Harvard Business School
Downloads 1,213 (30,053)
Citation 80

Abstract:

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Analyst Forecast Optimism, Analysts' Incentives, Types of Security Firms, Earnings Forecasts, Target Prices

12.

An Analysis of Firms' Self-Reported Anticorruption Efforts

The Accounting Review Vol. 91, No. 2, pp. 489-511, 2016
Number of pages: 55 Posted: 06 Mar 2013 Last Revised: 01 Feb 2017
Paul M. Healy and George Serafeim
Harvard Business School and Harvard Business School
Downloads 1,176 (31,505)
Citation 18

Abstract:

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corruption, bribery, corporate performance, sales growth, profitability, disclosure, enforcement, monitoring, leadership

13.

Agency Costs and Enforcement of Management Controls: Analyzing Punishments for Perpetrators of Economic Crimes

AAA 2017 Management Accounting Section (MAS) Meeting
Number of pages: 56 Posted: 30 Jun 2016 Last Revised: 12 May 2018
Paul M. Healy and George Serafeim
Harvard Business School and Harvard Business School
Downloads 693 (65,203)
Citation 2

Abstract:

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economic crime, gender, fraud, penalties, corruption, social networks, agency costs

14.

Voluntary, Self-Regulatory and Mandatory Disclosure of Oil and Gas Company Payments to Foreign Governments

Accounting Horizons, Forthcoming
Number of pages: 41 Posted: 19 Nov 2011 Last Revised: 23 Oct 2019
Paul M. Healy and George Serafeim
Harvard Business School and Harvard Business School
Downloads 633 (73,246)
Citation 9

Abstract:

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oil and gas, transparency, disclosure, corruption, competition, self regulation, regulation

15.

The Stock Selection and Performance of Buy-Side Analysts

Management Science, 59 (5): 1062-1075
Number of pages: 36 Posted: 18 Jul 2010 Last Revised: 03 Feb 2014
Harvard Business School, Harvard Business School, Harvard Business School and University of California, Irvine - Paul Merage School of Business
Downloads 452 (110,661)
Citation 2

Abstract:

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Buy-Side Analysts, Sell-Side Analysts, Stock Recommendations, Recommendation Optimism, Recommendation Performance

16.

Wall Street Research

Journal of Applied Finance (Formerly Financial Practice and Education), Vol. 24, No. 2, pp. 6-16, 2014
Number of pages: 11 Posted: 25 Oct 2015 Last Revised: 06 Feb 2023
Paul M. Healy
Harvard Business School
Downloads 357 (144,858)

Abstract:

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17.

What Drives Sell-Side Analyst Compensation at High-Status Investment Banks?

Journal of Accounting Research, Forthcoming
Number of pages: 49 Posted: 03 Apr 2011 Last Revised: 14 May 2011
Boris Groysberg, Paul M. Healy and David A. Maber
Harvard Business School, Harvard Business School and Analysis Group, Inc
Downloads 339 (153,133)
Citation 29

Abstract:

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18.

What Factors Drive Director Perceptions of Their Board's Effectiveness?

Number of pages: 51 Posted: 12 Feb 2016
Harvard Business School, Harvard Business School and University of British Columbia (UBC) - Sauder School of Business
Downloads 276 (190,661)
Citation 1

Abstract:

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board of directors, corporate governance, risk management

19.

An Empirical Examination of Sell-Side Brokerage Analysts’ Published Research, Concierge Services, and High-Touch Services

Forthcoming, European Accounting Review
Number of pages: 53 Posted: 24 Sep 2020
David A. Maber, Boris Groysberg and Paul M. Healy
Analysis Group, Inc, affiliation not provided to SSRN and Harvard Business School
Downloads 86 (494,603)

Abstract:

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sell-side analysts, analyst ratings, brokerage commissions, earnings forecasts, compensation

20.

When the Crowd Fights Corruption

Harvard Business Review, Vol. 91, No. 1/2, 2013, Harvard Business School Research Paper
Posted: 10 May 2013
Paul M. Healy and Karthik Ramanna
Harvard Business School and University of Oxford - Blavatnik School of Government

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corruption, emerging economies, Crime and Corruption, Entrepreneurship, Ethics, Globalization, Russia, Georgia (nation, Asia), India

21.

Fighting Corruption at Siemens

Harvard Business School Accounting & Management Unit Case No. 112-702
Posted: 07 May 2012
Paul M. Healy and Djordjija Petkoski
Harvard Business School and World Bank - World Bank Institute (WBI)

Abstract:

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22.

Aubrey McClendon's Special Incentive Compensation at Chesapeake Energy (B)

Harvard Business School Accounting & Management Unit Case No. 110-050
Posted: 07 May 2012
Paul M. Healy, Clayton S. Rose and Aldo Sesia
Harvard Business School, Harvard University - Business School (HBS) and Harvard Business School

Abstract:

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23.

Aubrey McClendon's Special Incentive Compensation at Chesapeake Energy (A)

Harvard Business School Accounting & Management Unit Case No. 110-047
Posted: 07 May 2012
Paul M. Healy, Clayton S. Rose and Aldo Sesia
Harvard Business School, Harvard University - Business School (HBS) and Harvard Business School

Abstract:

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24.

Gerson Lehrman Group: Managing Risks

Harvard Business School Organizational Behavior Unit Case No. 412-004
Posted: 02 Mar 2012
Boris Groysberg, Paul M. Healy and Sarah Abbott
Harvard Business School, Harvard Business School and Harvard University - Business School (HBS)

Abstract:

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25.

Oddo Securities - ESG Integration

Harvard Business School Accounting & Management Unit Case No. 111-085
Posted: 29 Feb 2012
George Serafeim, Paul M. Healy and Aldo Sesia
Harvard Business School, Harvard Business School and Harvard Business School

Abstract:

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26.

Sidoti & Company: Launching a Micro-Cap Product

Harvard Business School Entrepreneurial Management Case No. 411-072
Posted: 14 Feb 2012
Boris Groysberg, Paul M. Healy and Sarah Abbott
Harvard Business School, Harvard Business School and Harvard University - Business School (HBS)

Abstract:

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27.

Morgan Asset Management

Harvard Business School Accounting & Management Unit Case No. 411-058
Posted: 13 Feb 2012
Boris Groysberg, Paul M. Healy and Sarah Abbott
Harvard Business School, Harvard Business School and Harvard University - Business School (HBS)

Abstract:

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28.

Wealth Management Crisis at UBS (A)

Harvard Business School Accounting & Management Unit Case No. 111-082
Posted: 31 Jan 2012
Paul M. Healy, George Serafeim and David Lane
Harvard Business School, Harvard Business School and affiliation not provided to SSRN

Abstract:

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29.

What Factors Drive Analyst Forecasts?

Financial Analysts Journal, Vol. 67, No. 4, 2011
Posted: 09 Aug 2011
Harvard Business School, Harvard Business School, Harvard Business School and Harvard Business School

Abstract:

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Equity Investments, Fundamental Analysis (Sector, Industry, Company) and the Valuation of Individual Equity Securities, Company Analysis, Portfolio Management, Economic Analysis and Capital Market Expectations, Macroeconomic Forecasts in Determining Asset Class/Security Return Expectations, Behavior

30.

Credit Suisse Group: Managing Equity Research as a Business

HBS Case No. 410-073, Harvard Business School Organizational Behavior Unit
Posted: 12 Jun 2010
Boris Groysberg, Paul M. Healy and Sarah Abbott
Harvard Business School, Harvard Business School and Harvard University - Business School (HBS)

Abstract:

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31.

Subprime Crisis and Fair-Value Accounting

HBS Case No. 109-031, Harvard Business School Accounting & Management Unit
Posted: 04 Nov 2009
Paul M. Healy, Krishna Palepu and George Serafeim
Harvard Business School, Harvard University - Harvard Business School and Harvard Business School

Abstract:

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32.

Eddie Bauer (B)

HBS Case No. 110-009, Harvard Business School Accounting & Management Unit
Posted: 05 Sep 2009
Paul M. Healy, Sharon P. Katz and Aldo Sesia
Harvard Business School, INSEAD and Harvard Business School

Abstract:

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33.

Eddie Bauer (C)

HBS Case No. 110-010, Harvard Business School Accounting & Management Unit
Posted: 05 Sep 2009
Paul M. Healy, Sharon P. Katz and Aldo Sesia
Harvard Business School, INSEAD and Harvard Business School

Abstract:

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34.

Eddie Bauer (A)

HBS Case No. 110-008, Harvard Business School Accounting & Management Unit
Posted: 05 Sep 2009
Paul M. Healy, Sharon P. Katz and Aldo Sesia
Harvard Business School, INSEAD and Harvard Business School

Abstract:

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35.

Buy-Side vs. Sell-Side Analysts' Earnings Forecasts

Financial Analysts Journal, Vol. 64, No. 4, 2008
Posted: 24 Sep 2008
Boris Groysberg, Paul M. Healy and Craig J. Chapman
Harvard Business School, Harvard Business School and Northwestern University - Kellogg School of Management

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Equity Investments, Fundamental Analysis and Valuation Models, Performance Measurement and Evaluation, Performance Measurement, Investment Industry, Structure, Organization, and Demographics, Firm Management, Adapting to Change

36.

How the Quest for Efficiency Undermined the Market

Harvard NOM Working Paper No. 03-39
Posted: 24 Jul 2003
Krishna Palepu and Paul M. Healy
Harvard University - Harvard Business School and Harvard Business School

Abstract:

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Corporate Governance, Financial Markets, Intermediaries, Capital Markets

37.

The Challenges of Investor Communication: The Case of Cuc International, Inc

Posted: 23 May 1998
Paul M. Healy and Krishna Palepu
Harvard Business School and Harvard University - Harvard Business School

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38.

Do Firms Benefit from Expanded Voluntary Disclosure?

Posted: 28 Aug 1995
Paul M. Healy, Krishna Palepu and Amy P. Hutton
Harvard Business School, Harvard University - Harvard Business School and Boston College - Carroll School of Management

Abstract:

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